Sterling Infrastructure Q3 2026: Combined Backlog Hits $6.14 Billion
As seen on the 24/7 Wall St. homepage on October 28, 2026.
Data center site work turned Sterling into a different company: combined backlog reached $6.14 billion, up 78%. Both EPS and revenue beat expectations, the fifth straight quarterly EPS beat.
Continue ReadingShow less
Sterling Infrastructure posted Q3 2026 adjusted EPS of $7.58, exceeding expectations for the fifth straight quarter.
E-Infrastructure Solutions now accounts for 83% of quarterly revenue, carried by data center and mission-critical site work, with the CEC acquisition on track to add over $1 billion in full-year 2026 revenue.
Combined backlog reached $6.14 billion, and CEO Joe Cutillo put total scoped work near $8 billion, most of it mission-critical.
Sponsored
Twelve Tabs, One Thesis
Your Research Resets Every Morning
The quote page in one tab. Filings in another. A chart you rebuilt from scratch, a transcript you never went back and found, a screener whose settings you will redo next week. Nothing you built yesterday is still there.
AlphaSpace replaces all of it with one screen you arrange yourself. Earnings calendar, estimate versus actual, the call transcript, live news, your own charts, every panel wired to whatever ticker you click. Close the browser and it is all still sitting there tomorrow.
See What a Built View Looks Like →
(Sponsor)
Management raised full-year 2026 guidance to adjusted diluted EPS of $21.70 to $21.96 and repaid its term loan, strengthening the balance sheet ahead of continued scaling.
Transportation Solutions and Building Solutions revenue both declined on slower homebuilder activity, and the heavier CEC electrical mix narrowed adjusted EBITDA margin to 21.6%.
Mentioned: STRL